AutoZone (AZO) reported their Q4 2019 earnings just last week, delivering results which topped Street expectations. However, shares slid by 6% after hours. In spite of this, the company has had an incredible year, with shares up nearly 30% year-to-date, outperforming the S&P 500 index by over 10 percentage points.
Source: WSJ
When taking a step back from share price activity and looking at the underlying business, AutoZone does not fail to impress. Management continues to roll out new stores across the globe, while placing the customer at the center of focus by